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NKN

NKN

NKN

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$0.4679 USD

+1.48%

(24H)

0.4679 BTC

-0.10%

(24H)

Price ()

1H

24H

7D

1M

3M

1Y

YTD

ALL

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Market Cap (USD)

$327.51M

24H VOLUME (USD)

$20.46M

Circulating Supply

700.00M NKN

Max Supply

1.00B NKN

Currency Converter

Amount

NKN

NKN

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1 NKN = 0.4679 USD

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About NKN

Rank #167

NKN, or New Kind of Network, is an open-source protocol for public blockchain-based peer-to-peer Networks to share network bandwidth and Internet connectivity. The project was launched in January 2018 and lists Stephen Wolfram, creator of Mathematica and Wolfram|Alpha, and Whitfield Diffie, inventor of public-key cryptography as advisors. NKN Mainnet was launched in July 2019 and has up to 25,000 full consensus nodes (more than Bitcoin or Ethereum).

Notable use cases for NKN include:

- Content Delivery system (contract with Chinese video giant iQIYI)

- Edge computing (contract with China Mobile)

- D-chat (secure messaging app)

- nShell (secure remote terminal access).

NKN’s consensus algorithm is based on Cellular Automata, A New Kind of Science and Ising Model, where a simple local majority rule can lead to system-level convergence in a small number of iterations. The design goal is to scale to arbitrary numbers of equal consensus nodes.

NKN uses a global addressing scheme based on public keys, in order to enable direct peer to peer communication without centralized servers. The routing of packets is based on Chord Distributed Hash Table (DHT), which maps each NKN address to a random and verifiable position on the Chord DHT ring.

The NKN price page is part of Crypto.com Price Index that features price history, price ticker, market cap and live charts for the top cryptocurrencies.

Official Website

NKN Price Statistics

NKN Price

$0.4679

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Currency Converter

Amount

NKN

NKN

swap

1 NKN = 0.4679 USD

Cannot get the data. Please try again.

NKN Price Statistics

NKN Price

$0.4679

24h high / 24h low

N/A /
N/A

7d high / 7d low

N/A /
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30d high / 30d low

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